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, it is getting snowy, so, probably heating oil is on its way up. > what is your european trade? with the eu summit happening, is the risk back on? > > you know, the market itself, in levels, is really in consolidation. the euro currency had a big sell-off yesterday, and everybody wants to blame it on what the new policy is. how since the euro currency was up 9%, that it was entitled to a .75% sell-off. i think you want to be looking to short the euro and short europe. that is where i would be looking to trade. > todd, good to have you on the show this morning. we have more on europe coming up in the show. > > have a great day. it may be called the chicago auto show, but this year it's become "year of the truck." as our cover story explains, the reason is the rebound that's beginning to happen in the housing market. ram trucks highlighted its eight-speed and 25 miles per gallon on the highway pickup, as well as its truck-based new entry into the commercial van market. why so many brawny vehicles? "the housing market is getting better and sales are directly tied to housing starts." "if housin
for the first time since the e.u. began. leaders cut the budget to 960 billion euros over a span of 7 years, down from an earlier proposal of 1.03 trillion euros. a company with ties to the housing crisis is setting for an ipo. pennymac financial service, started up 5 years by the former president of countrywide financial. standford kurland resigned from countrywide in 2006. countrywide was blamed for risky lending practices and billions of dollars in defaults on subprime loans and was later acquired by bank of america. the new company kurland runs, pennymac, creates, buys, sells and services home loans. entergy stock lost power after the superbowl blackout last week, but earnings are energized. entergy's fourth quarter earnings nearly doubled on lower income tax expenses. shares dimmed during the week after a power failure cut lights in about half of the stadium for 34 minutes. entergy said the problem was caused by a faulty relay in its switching gear. the problem has been resolved. entergy closed down 49 cents at $64.47 on friday. hp wants its pcs to become more politically correct. the
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